AAPL price prediction
Predicted price range for Apple Inc Our trading algorithm values Apple Inc (AAPL) to be overvalued. ###PLOTLYGRAPH### The red lines in this plot …
Read ArticlePredicted price range for Amazon.com Inc
Our trading algorithm values Amazon.com Inc (AMZN) to be fairly valued.
The red lines in this plot symbolize the changepoints of the price, meaning that the trend or direction changed, either from a down to an uptrend, or the other way around.
| Name | Value |
|---|---|
| Our valuation | fairly valued |
| Current trend | downtrend |
| Buy/Sell Recommendation | Neutral |
| Current Price | $112.53 |
| 60 Day Prediction | $104.91 |
| 60 Day Pred - Lower Bound | $95.22 |
| 60 Day Pred - Upper Bound | $114.51 |
Our algorithm predicts the future trend with the linear formula (a*x + b = y):
$ price = -0.184 * nr_days_in_the_future + 110.431
Based on this information, our algorithm recommends the trading decision: Neutral. Remember that this is not investment advice, and only a statistical analysis. Do your own research.
Historic price development
AMZN traded at $112.53 this Friday October 14th, gaining since last week.
Looking back, over the last month, AMZN has been loosing $-6.01 or -5.340799965720946 percent.
Over the last year, it has been loosing $-59.22 or -52.62641553643872 percent.
Seasonality of Amazon.com Inc
Using our AI model, we have been analyzing the value change for Amazon.com Inc depending on the day or month of a year. This can be seen in the following graph:
